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20130121
20130129
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of those. restaurant is one of those sectors. i think from obama care to the cost of cattle, to the fact that consumers are seeing less in their paychecks, especially in the crashual dining sector, that's one to watch. >> what are you thinking at this point? we still have mark, don't we? >> yes, you do, michelle and happy to weigh in. hate to sound like the consensus, but i think the fact of the matter is even putting aside the fed's manipulation of the interest rate curve the economic fundamentals continue to show dose ent outcomes. in fact, we're projecting that they will continue to improve over the course of 2013, so from a sector perspective, while i would agree with the other guests in terms of the pressure being put on consumer wallets, other sectors like technology that we think is going tonight benfector of a release by pent-up demand by business spending which has been paralyzed by the prospects of the fiscal cliff. >> can you name specific names that you like? >> sure. within the text space company by the name of qualcomm, obviously a play on the smartphones and the expansion
and seems to be laying down the gauntlet for the next fight with president obama so we look forward to some very high-profile interviews coming up. >> and guess what our stock of the day is, yeah, you guessed it. it's apple. that stock is down nearly 11%, nearly 12% right now. first gets worse for the iconic company. overdone, a little overexaggerated, all this selling and how much of this has to do with the loss of steve jobs? >> we'll keep an eye on that for you. keep an eye on the major averages. here's how we stand. the dow was up about 100 points at that peak there. then we started to move lower, and you started to get sweaty palms among bulls. what does this mean? if we close lower, that might not be good. started coming back and now a gain of 44 points. another one of those days where any positive close is another five-year high for the trials going back to the fall of 2010. we're at 13,823. the nasdaq though is going the other direction. blame apple which is 13% of the nasdaq these days. it's down 24 points, the nasdaq is at 3129, and the s&p is up. nope, now it is lower. we're down
. these guys really strongly dislike each other. remember watching obama and romney on the campaign trail and in the debates? these guys really couldn't stand each other. that was the palpable feeling at times. i think we heard that over the phone today. the rhetoric speaks for itself. >> mandy just pulled an irish exit. puff of smoke. boom. she is hosting closing bell. let's finalize it with this. what is the next step? is it over between these guys? what is going to happen here? >> i think they've had their say for today. i wouldn't be surprised if some sort of words resurface weeks from now. i think the herbalife saga will go on. ackman will certainly continue to make his feelings public and eiicahn can't resist a jab. >> he was talking about herbalife being short, difficult to borrow. i got an e-mail from a prominent hedge fund manager. he said it is wrong. it is easy to borrow herbalife shares right now and the cost to carry is not that bad. so was icahn wrong on the short? one hedge fund manager says perhaps he was. >> meaning ackman wrong? >> no. icahn was wrong on the short talkin
Search Results 0 to 2 of about 3